12 Aug 2025, 19:40

Silicon Valley firm Fenwick & West sued for allegedly aiding in FTX's fraud

FTX investors reportedly filed an amended class-action lawsuit against Silicon Valley law firm Fenwick & West, alleging the firm played a central role in enabling Sam Bankman-Fried’s (SBF) $8 billion fraud that led to the crypto exchange’s collapse in November 2022. The lawsuit is based on accusations that Fenwick & West is “deeply intertwined in nearly every aspect” of FTX’s collapse, and that the firm enabled Sam Bankman-Fried’s fraud and helped design it. Fenwick & West gets hit with a lawsuit The lawsuit is part of a multidistrict litigation involving over 130 law firms that had business dealings with FTX. However, Fenwick & West was singled out and stands as the only firm facing fraud charges in the dedicated “Law Firm Track.” The plaintiff now claims to be able to prove that the law firm was aware of the fraud and even provided “substantial assistance” that facilitated the multi-billion-dollar scheme. The lawsuit is an attempt to hold a major law firm liable under federal racketeering (RICO) laws for the role they played in client fraud, rather than providing bad legal advice. Investors have alleged the firm was behind the corporate structures that helped former FTX CEO Sam Bankman-Fried and insiders steal hundreds of millions in customer funds via sham “loans.” However, legal commentators cautioned that proving law firm culpability will require more than extensive client engagement. The lawsuit comes as FTX distributions proceed The Fenwick lawsuit comes after similar legal action was taken against law firm Sullivan & Cromwell last year. The firm was accused of billing $8.5 million in fees while serving as primary counsel in the 16 months preceding FTX’s collapse. Both firms are now accused of enabling Sam Bankman-Fried’s fraud scheme that commingled customer assets with Alameda Research’s trading operations. The filing is also happening as FTX continues its distribution process, having repaid $6.2 billion to creditors across two major payment rounds since February 2025. The exchange is now looking to dispute claims from 49 restricted jurisdictions worth $800 million, with Chinese users accounting for 82% of the disputed value despite representing only 5% of allowed claims. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

12 Aug 2025, 19:38

LET Mining Seizes the Opportunity in the Cryptocurrency Market with the Launch of an Innovative, High-Yield Cloud Mining Model

The cryptocurrency market is experiencing an unprecedented surge in growth. With global policies becoming increasingly clear and regulatory licenses being issued at an accelerated pace, digital assets, expanding from Bitcoin and Ethereum to emerging currencies like Solana and XRP, are rapidly penetrating the asset allocation systems of global investors. Market enthusiasm continues to grow, and crypto assets are gradually moving from fringe tools to the core of mainstream finance. With the maturity of blockchain technology and the increasing popularity of digital assets, more and more people are interested in how to efficiently and conveniently participate in the market and realize asset appreciation. Against this backdrop, LET Mining, with its innovative cloud mining model , provides investors with a low-barrier, highly efficient mining solution, helping users easily capitalize on the cryptocurrency boom. Riding the Wave, Lowering the Barrier Mining is a way to acquire cryptocurrency. Traditional mining requires expensive mining machines, vast electricity resources, and a professional operations and maintenance team, making it prohibitive for most ordinary investors. LET Mining utilizes a cloud mining model, deploying mining machines in global green data centers. Users simply rent computing power online, eliminating the need to purchase hardware or shoulder the operational burden, making it easy to participate in global cryptocurrency mining. Innovative Technology, Stable Returns LET Mining not only utilizes high-performance mining machines, but also utilizes an intelligent computing power scheduling system to automatically select the currency with the highest mining profit potential, improving output efficiency. Furthermore, the platform monitors the operating status of the mining machines in real time, ensuring stable equipment operation 24/7, maximizing user returns. Green Mining, Embracing a Zero-Carbon Future With the global trend towards carbon neutrality, LET Mining actively utilizes clean energy to power its data centers, significantly reducing carbon emissions and achieving green mining. This not only aligns with the concept of sustainable development but also provides users with a more socially responsible investment approach. Substantial Returns, Flexible Withdrawals LET Mining offers a variety of contract periods and computing power packages, allowing users to freely choose according to their needs. Revenue is settled daily, and multi-currency withdrawals are supported, allowing for greater freedom and flexibility in capital flow. How can you participate and earn cryptocurrency returns? Register: Visit the official website at https://letmining.com/ and quickly complete the registration process to receive a $12 bonus. One-click Contract Startup: After successful registration, go to the contract page and purchase a cloud computing power contract. The system runs 24/7 and generates income. The platform offers a variety of flexible plans to meet all user needs. Experience contract: investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8 BTC classic computing power: investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30 DOGE Classic Hash Power: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840 BTC Advanced Hash Power: investment amount: $5,000, contract period: 30 days, daily income of $75, expiration income: $5,000 + $2,250 BTC advanced computing power: investment amount: $10,000, contract period: 44 days, daily income of $174, expiration income: $10,000 + $7,656 (Click here to view more high-yield contract details) Daily Payment: The contract generates a fixed daily income, which is deposited to the user’s account on time. The income can be withdrawn or reinvested, generating compound interest. Looking Forward With the popularity of cryptocurrencies and the continuous advancement of blockchain technology, cloud mining will become the preferred choice for more investors. LET Mining will continue to optimize its technology and expand its global node network to create higher returns for users while leading the industry towards a more efficient and environmentally friendly future. In the crypto wave, opportunities belong to those who move first. Join LET Mining and let your digital assets continue to grow in value in the cloud! Official Website: https://letmining.com/ Official Email: [email protected] Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post LET Mining Seizes the Opportunity in the Cryptocurrency Market with the Launch of an Innovative, High-Yield Cloud Mining Model appeared first on Times Tabloid .

12 Aug 2025, 19:38

Whale Accumulation of Ethereum Suggests Potential for Continued Price Rally Amid Increased Institutional Interest

Whales are accumulating Ethereum, with a recent withdrawal of 21,000 ETH worth $90.6 million from Binance, indicating strong bullish sentiment. Whale activity has surged, with large Ethereum addresses moving significant

12 Aug 2025, 19:35

Alternative Coin to Invest in as Arthur Hayes Predicts Bitcoin (BTC) Retracing to $100,000 and Ethereum (ETH) to $3,000

With the crypto market preparing for what may be another bull run, thought leaders like Arthur Hayes are predicting mind-blowing new highs. With his predictions, Hayes expects Bitcoin (BTC) to climb to $100,000 and Ethereum (ETH) to $3,000 shortly. These predictions are undoubtedly bullish, and many other investors are looking away from blue-chip assets directly to exponential returns. One that is making significant momentum is Little Pepe ($LILPEPE) – a meme coin that leverages real-world utility and disruptive ambition. It has the potential to outpace both BTC and ETH in percentage growth. Arthur Hayes’ Forecast Fuels New Interest in Altcoins Like many in the crypto space, the news of Arthur Hayes, the co-founder of BitMEX, and his market predictions is interesting. His most recent insights into the crypto market suggest that a new bullish period will deepen shortly. With Bitcoin predicted to reach six four figures and Ethereum picking back up, it seems new investment is looking to shift towards up-and-coming altcoins with higher potential returns. As most crypto investors would agree, Bitcoin and Ethereum are strong positions for any portfolio, but they most likely won’t provide the 10x to 100x returns that smaller market cap coins could. This is precisely where Little Pepe ($LILPEPE) enters the conversation. Little Pepe ($LILPEPE): A Meme Coin Built With Utility and Layer-2 Infrastructure Little Pepe isn’t your typical meme coin. It combines the hilarious side of meme culture with the advancement of technology, providing real blockchain solutions. More importantly, it works on an Ethereum-compatible, layer-2 blockchain designed for meme coins and micro-cap projects. This infrastructure will support: Ultra-low gas fees Instant transaction finality A dedicated Meme Launchpad Anti-sniper bot technology Zero taxes and no team wallet Thus, Little Pepe becomes not merely a meme coin but a complete ecosystem for efficiently launching and trading tokens, particularly those driven by hype and community support. Trading at $0.0018: Undervalued With Massive Upside Potential For just $0.0018, Little Pepe is sitting at a price level like Shiba Inu or Dogecoin was before their parabolic runs. The attention from crypto investors is noticeable as the coin has recently entered Stage 9 of its presale, and listing on CoinMarketCap has boosted its visibility and trading activity. Considering its soon-to-be-released Layer-2 blockchain, expected listings on major exchanges, and its ambitious community marketing, analysts are estimating a possible 7500% to 12000% return for early adopters. Should the token achieve even $0.25, a $500 investment can see returns beyond $70,000. Though some altcoins promote strong fundamentals, they miss the devoted community that propels meme coins to the next level. Little Pepe has fully embraced both Pepe the Frog’s cultural significance and the Ethereum meme coin ecosystem, giving rise to fast-growing Telegram and X (Twitter) integration expansion with NFT drops, meme contests, and campaigns that go viral like Dogecoin and Shiba Inu. Although Bitcoin and Ethereum give the illusion of being safe investments, their market caps make sizable percentage gain increases impractical. For Bitcoin to double in value, it would need to gain almost $50 trillion in market cap. In contrast, Little Pepe would need just a few million inflows to achieve the same. Furthermore, the Layer-2 story is beginning to take off again, especially with the unresolved scalability problems on Ethereum. Little Pepe’s is set to Meme-2, which is practical and profitable. He positions himself as the next breakout success in the meme market. To participate in Little Pepe’s ($LILPEPE) Stage 9 presale, download a crypto wallet, MetaMask, or Trust Wallet. After that, make sure to fund your wallet with ETH or USDT through the ERC-20 network. To purchase Little Pepe ($LILPEPE) tokens, visit littlepepe.com. After the presale, tokens can be claimed on the same website. Jump on this opportunity—reserve your share before the next surge! Conclusion Now that Bitcoin and Ethereum are back and doing well, some retail investors are looking for hidden gems in the altcoin space that can offer them the highest returns. Little Pepe stands out as one such altcoin due to the tremendous support of the community, the forthcoming profits, and the sheer power of memes. Considering Hayes’ optimistic forecasts are generating renewed interest, now is a good moment to think outside the box. For missed opportunities on Dogecoin in 2020 or Shiba Inu in 2021, Little Pepe ($LILPEPE) is poised to be the next historic low-cap crypto poised to sprint. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken

12 Aug 2025, 19:29

Whale Pulls $90.6 Million in ETH Out of Binance in Major Buy Activity

Mystery whale now holds about $260 million in Ethereum

12 Aug 2025, 19:23

Ethereum Approaches New All-Time High as Institutional Interest Grows and Use Cases Expand

Ethereum is approaching a new all-time high as institutional investments in Ethereum ETFs surged to over $1 billion, reflecting growing market confidence. Ethereum ETFs saw record inflows of over $1